A new report from the International Energy Agency (IEA) shows that the rate of employment growth in the energy sector was two times higher in 2024 than in the overall global economy. On the other hand, the organization is warning of a serious shortage of skilled workers in key sectors. Renewable energy sources, especially solar […]
Global car sales growth is predominantly driven by sales of electric and hybrid cars. Sales of pure internal combustion engine cars peaked in 2017 and have since fallen by 30% while the sales of electric cars achieved a 14-fold increase, according to the latest report, called What Next for the Global Car Industry? The International […]
In the first half of 2025, wholesale electricity prices in the European Union were about 30% higher than in same period of 2024, while a 40% increase was recorded in the United States. The penetration of negative prices in the EU continues, with their share doubling in H1 2025, according to the latest report of […]
International Energy Agency Reference or baseline scenarios are not presented as business-as-usual or fixed outcomes, but typically are used for comparison, and present the theoretical case where no action is taken, which is not considered a politically realistic viewpoint. The IEA Reference scenario “takes into account all government policies and initiatives that had been adopted […]